One of the best ways to save for retirement is to use your company’s 401(k). And it’s about to get even better in 2025. With the turn of the ...
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WASHINGTON — The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2025 has increased to $23,500, up from $23,000 for 2024. The ...
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Key Takeaways To prepare your finances for retirement, consider stashing more money in cash and fixed-income to avoid touching your nest egg if a bear market occurs. If ...
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Monsters under the bed aren’t the only thing keeping older adults awake at night. So are fears about retirement, and for good reason. Retirement isn’t cheap; it can ...
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Key Takeaways The earlier you start, the more time the power of compounding will have to work in your favor. At a 7% annual return, investing just $50 ...
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Decades in the making, the legislation would eliminate a provision that reduces Social Security payments to some retirees who also collect a pension from jobs that aren’t covered ...
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Now that Donald Trump has been elected president, many individual investors are wondering what that means for their money. The markets rallied last week on news of Trump’s win, with the Dow Jones ...
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Social Security remains one of the most reliable income sources for retirees, so it’s important to consider strategies that help make the most of it. Making smart choices around ...
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Election Day is Tuesday, Nov. 5, and the uncertainty can present pitfalls for investors. “There are a lot of emotions involved,” says Dan Lefkovitz, a strategist with Morningstar Indexes ...
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Many people in their 50s are part of the so-called “sandwich generation” of workers who support both young relatives and aging parents. Roughly 5 million U.S. households ...
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